Pretty reasonable. Now it's 40 because Biden had so much inflation drove the prices up and interest rates are still too darn high. Right. They just, With President Trump finally pushing, right, the agencies to buy $200 billion with the agency mortgages, the interest rate on mortgages dropped below 6%. And what happened? You had the number one week of home buyers going to visit new homes and number one week in decade of refinancing. So that's the idea. (16:54–17:04)
CLAIM
Asserts that Trump pushed agencies to buy $200 billion in mortgages, lowering rates below 6%.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
